Campbell & CO Investment Adviser LLC Buys 16,826 Shares of Greenbrier Companies, Inc. (The) $GBX

Key Points

• Campbell & CO Investment Adviser LLC increased its stake in Greenbrier Companies by 210.1% in Q1, now owning 24,835 shares worth approximately $1.27 million.
• Greenbrier Companies reported strong earnings for the last quarter, with $1.86 earnings per share, significantly above analysts' expectations, and revenue of $842.70 million.
• The company announced a quarterly dividend of $0.32 per share, representing an annualized yield of 2.7%, with a payout ratio of 18.13%.

Campbell & CO Investment Adviser LLC lifted its position in shares of Greenbrier Companies, Inc. (The) (NYSE:GBX - Free Report) by 210.1% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 24,835 shares of the transportation company's stock after purchasing an additional 16,826 shares during the period. Campbell & CO Investment Adviser LLC owned 0.08% of Greenbrier Companies worth $1,272,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of GBX. Quarry LP increased its stake in Greenbrier Companies by 892.7% during the 4th quarter. Quarry LP now owns 407 shares of the transportation company's stock worth $25,000 after acquiring an additional 366 shares during the period. Versant Capital Management Inc grew its position in Greenbrier Companies by 44.7% during the 1st quarter. Versant Capital Management Inc now owns 690 shares of the transportation company's stock worth $35,000 after acquiring an additional 213 shares during the last quarter. Public Employees Retirement System of Ohio bought a new stake in shares of Greenbrier Companies during the fourth quarter worth about $65,000. NBC Securities Inc. grew its holdings in Greenbrier Companies by 108,700.0% during the 1st quarter. NBC Securities Inc. now owns 1,088 shares of the transportation company's stock worth $55,000 after acquiring an additional 1,087 shares during the last quarter. Finally, Curat Global LLC bought a new stake in shares of Greenbrier Companies in the first quarter worth $56,000. Institutional investors and hedge funds own 95.59% of the company's stock.

Greenbrier Companies Stock Performance

NYSE GBX opened at $46.82 on Wednesday. The company has a quick ratio of 0.82, a current ratio of 1.48 and a debt-to-equity ratio of 0.83. Greenbrier Companies, Inc. has a 12-month low of $37.77 and a 12-month high of $71.06. The firm has a market cap of $1.45 billion, a P/E ratio of 6.63, a price-to-earnings-growth ratio of 1.29 and a beta of 1.69. The company's 50 day moving average is $48.15 and its 200-day moving average is $48.59.

Greenbrier Companies (NYSE:GBX - Get Free Report) last posted its earnings results on Tuesday, July 1st. The transportation company reported $1.86 earnings per share for the quarter, topping analysts' consensus estimates of $0.99 by $0.87. The business had revenue of $842.70 million for the quarter, compared to analyst estimates of $785.72 million. Greenbrier Companies had a net margin of 6.48% and a return on equity of 14.56%. Greenbrier Companies's revenue was up 2.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.06 EPS. Greenbrier Companies has set its FY 2025 guidance at EPS. Sell-side analysts predict that Greenbrier Companies, Inc. will post 5.9 earnings per share for the current year.

Greenbrier Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 7th. Investors of record on Thursday, July 17th were given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date was Thursday, July 17th. Greenbrier Companies's dividend payout ratio (DPR) is presently 18.13%.

Insider Buying and Selling

In related news, Director Wanda F. Felton sold 3,652 shares of Greenbrier Companies stock in a transaction on Friday, July 11th. The shares were sold at an average price of $54.31, for a total value of $198,340.12. Following the sale, the director owned 3,000 shares in the company, valued at $162,930. The trade was a 54.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director James R. Huffines acquired 2,500 shares of the business's stock in a transaction on Friday, August 8th. The shares were purchased at an average cost of $44.84 per share, for a total transaction of $112,100.00. Following the completion of the transaction, the director owned 13,909 shares in the company, valued at approximately $623,679.56. This represents a 21.91% increase in their position. The disclosure for this purchase can be found here. Insiders sold a total of 11,379 shares of company stock valued at $595,213 over the last three months. 1.78% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on GBX shares. Susquehanna upped their price objective on shares of Greenbrier Companies from $52.00 to $57.00 and gave the company a "positive" rating in a research note on Wednesday, July 2nd. Wall Street Zen cut Greenbrier Companies from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 9th. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Greenbrier Companies presently has an average rating of "Hold" and an average target price of $59.50.

Greenbrier Companies Profile

The Greenbrier Companies, Inc designs, manufactures, and markets railroad freight car equipment in North America, Europe, and South America. It operates through three segments: Manufacturing; Maintenance Services; and Leasing & Management Services. The Manufacturing segment offers covered hopper cars, gondolas, open top hoppers, boxcars, center partition cars, tank cars, sustainable conversions, double-stack railcars, auto-max ii, multi-max, and multi-max plus products, intermodal cars, automobile transport, coil steel and metals, flat cars, sliding wall cars, pressurized tank cars, and non-pressurized tank cars.

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